Lantronix (LTRX) Given Media Impact Score of 0.06
Media stories about Lantronix (NASDAQ:LTRX) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lantronix earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 45.0103249864402 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Lantronix (NASDAQ LTRX) traded up $0.03 during midday trading on Thursday, hitting $2.01. The stock had a trading volume of 32,700 shares, compared to its average volume of 32,050. The firm has a market capitalization of $36.13, a price-to-earnings ratio of -40.20 and a beta of -0.13. Lantronix has a 52 week low of $1.46 and a 52 week high of $4.09.
Lantronix (NASDAQ:LTRX) last released its quarterly earnings results on Thursday, October 26th. The technology company reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.01. The company had revenue of $10.61 million for the quarter. Lantronix had a positive return on equity of 2.39% and a negative net margin of 1.83%.
Lantronix, Inc is a provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Company organizes its products and solutions into three product lines, including IoT, IT Management and Other. Its IoT products consist of IoT Gateways and IoT Building Blocks.
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